Sentences with phrase «life annuities offered»

Yet, these middle - income workers are averse to buying longevity insurance through life annuities offered by the insurance industry.

Although a life annuity offers you the security of knowing that for as long as you live you will receive a fixed income, many people are uncomfortable with the thought that all of their RRSP savings would be gone if they only lived for a short period of time after retirement.

Not exact matches

On the other hand, income annuities provide guaranteed income for life, but may not offer as much flexibility or income growth potential.

Some immediate annuities attempt to address such issues by offering limited access to a portion of your investment while you're still alive or by stipulating that the annuity will make payments for a certain number of years (five, 10 or whatever) whether you're still living or not.

Annuities offer ongoing income that will last as long as you live.

American National and its subsidiaries offer a broad line of products and services, which include life insurance, annuities, health insurance, credit insurance, pension products and property and casualty insurance for personal lines, agribusiness and certain commercial exposures.

These annuities offer you a steady payment that will last as long as you live or for a certain number of years.

MassMutual offers a wide range of financial products and services, including life insurance, disability income insurance, long term care insurance, annuities, retirement plans and other employee benefits.

It grew into one of the largest financial services companies in the U.S., offering life insurance, annuities, mutual funds, group insurance and reinsurance.

In a few rare cases, an annuity may be justified because it offers guarantees, like living benefits or a death benefit.

New low - cost deferred variable annuities «deserve to get more respect,» insisted Pfau, but he singled out the immediate annuity — also called an income annuity or a life annuity — as packed with the most potential because it offers «a ton of benefits to consumers.»

Since the company's initial public offering in 2013, Voya has reduced the number of variable annuity policies with living benefits in its closed block by 35 percent to 199,000 policies at the end of the first quarter.

The target - date fund can include annuities that begin payments at retirement or at a later time, offering a way to generate guaranteed retirement income and protect your income stream later in life.

Some financial advisors suggest buying longevity insurance, a type of deferred annuity that offers guaranteed income for life, to help supplement retirement savings later in life.

Established in 2011, the Indexed Annuity Leadership Council (IALC) is a consortium of life insurance companies that offer fixed indexed annuities (FIAs).

These types of annuities also enable you to plan for inflation by offering a cost - of - living adjustment, known as a COLA.

Variable annuities, variable life insurance, and mutual funds are offered for sale by prospectus only.

When selecting long - term investments for variable annuity and variable life insurance products, many investors choose contracts that offer the funds in the American Funds Insurance Series.

At Protective Life, we offer different types of annuities to help meet your particular financial goals in retirement.

Advisors are upset because a couple of big variable annuity carriers — Prudential and Jackson National — are suspending sales of, or deposits into, certain variable annuities, such as those offering guaranteed living benefits.

But he singles out the immediate annuity — also called an income annuity or a life annuity — as packed with the most potential because it offers «a ton of benefits to consumers.»

LBL offers a full line of life insurance and annuity products to help customers plan their financial futures.

The free financial plan is currently offered to beneficiaries of our life insurance and annuities by USAA Financial Planning Services.

Free financial plan for your beneficiariesThe free financial plan is currently offered to beneficiaries of our life insurance and annuities by USAA Financial Planning Services.

You may also be offered the choice of buying an annuity, a product sold by life insurance companies that provides guaranteed income for life in exchange for a lump sum.

The unique characteristics of an annuity product that can offer significantly higher after - tax guaranteed retirement income for life.

FDIC insurance does not, however, cover other financial products and services that insured banks may offer, such as stocks, bonds, mutual fund shares, life insurance policies, annuities or municipal securities.

Thus, in the same way that life insurance companies offer alternatives such as guaranteed universal life insurance, indexed universal life insurance OR variable life insurance, annuity contracts offer similar options.

To do that, you'll want to go through a rigorous retirement - income planning process that starts with thinking seriously about how you'll live in retirement and then moves on to such tasks as making a retirement budget; assessing different strategies for claiming Social Security benefits; considering whether you want more guaranteed income than Social Security alone offers (which is where an annuity might play a role); and, settling on a withdrawal rate that has a reasonable shot at making your savings last as long as you do.

All annuities offer tax deferred growth of cash value, similar to the tax advantages of life insurance, but with few more restrictions.

The AXA Retirement 360SM defined contribution program consists of a custodial account offered through Reliance Trust Company, LLC, within which plan participants» chosen mutual fund shares are held, as well as a group fixed annuity contract (Generic Form Number 2016FA - MFrev, 2016FA - MF403b) issued by AXA Equitable Life Insurance Company («AXA Equitable»).

A variable annuity, like ALL other annuities, offer a guaranteed payment of income for the life of the annuitant (who may be different from the contract owner).

Variable annuities were introduced in the 1950's as an alternative to fixed index annuities which offer a guaranteed contractual rate of interest in terms of the cash value growth of the account, similar to dividend paying whole life insurance.

However, the realities of life mean that annuities offer security that is not available through many other income options.

Fixed annuities offered by legal reserve life insurance companies like Liberty Bankers are further protected by various state insurance department guaranty funds.

By taking this two - pronged approach, you'll be able to take advantage of the benefit that only an annuity can offer (guaranteed income no matter how long you live regardless of how the financial markets perform) while having the rest of your retirement stash invested for long - term growth and accessible should you need to tap it.

Fixed annuities earn a guaranteed † rate of return over the life of the contract, and offer contract owners the predictability of a guaranteed income stream and a way to grow assets without exposure to market volatility.

Fixed annuities are tax - deferred * retirement vehicles issued by insurance companies that grow at a guaranteed rate and offer you the opportunity to turn some or all of your savings into guaranteed income payments for life, or for a set period.

Principal Financial offers some excellent products and services including retirement related services, mutual funds, investment management, disability income insurance, annuities and life insurance.

Annuities and life insurance are offered through American United Life Insurance Complife insurance are offered through American United Life Insurance CompLife Insurance Company.

Similarly, most states offer some asset protection for the cash value of life insurance policies as well as annuities.

Protective Life Insurance Company and Protective Life Insurance and Annuity Insurance Company, under the Protective Life Corporation umbrella, offer Life Insurance and Annuities.

An immediate annuity, as opposed to a deferred annuity, potentially offers the highest income for life of the two types.

For example, states such as Florida and Texas offer asset protection for life insurance and annuities that is more comprehensive than less friendly states like California.

Speak to your financial advisor or life insurance professional to see if our annuities and life insurance offerings are right for you.

Visit our variable annuity compliance documents page to access prospectuses, which contain information about contract charges and fees for the variable annuity products offered by Annuity Investors Life Insurance Company.

The Transamerica Variable Annuity Series X-Share offers a 9 - year surrender charge schedule with a premium enhancement and gives you the ability to customize your annuity with optional living and death benefits.

Investing in an annuity offered by Wells Fargo can provide guaranteed income for a specific period of time or for the rest of your life.

Visit our variable annuity performance center to review the performance of subaccounts offered by Annuity Investors Life Insurance Company's variable annuity products.

Some of the features of the retirement annuity plans offering frugal living tips to senior citizens include: